1 unchanged sentence
Aebi Schmidt is exposed to market risks in the ordinary course of business, which primarily relate to fluctuations in foreign currency exchange and commodity prices.
−Removed: Since December 31, 2024 , there have been no material changes in our
−Removed: Page 42 of 71
−Removed: foreign currency exposures, which is incorporated herein by reference, commodity prices, or interest rates.
−Removed: For a discussion of our exposure to market risk, refer to “ Quantitative and Qualitative Disclosures about Market Risk ” in the Registration Statement, which is incorporated herein by reference.
+Added: Since December 31, 2025 , there have been no material changes in our foreign currency exposures, which is incorporated herein by reference, commodity prices, or interest rates.
+Added: For a discussion of our exposure to market risk, refer to “ Quantitative and Qualitative Disclosures about Market Risk ” in the Form 10-K, which is incorporated herein by reference.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.